Growing familiarity with social networks is driving new forms of lending and borrowing money, which bypass banks altogether. FULL STORY >

Research in Motion has been ordered to pay a substantial $147 million in damages to Mformation Technologies, after a court ruled that the BlackBerry maker had infringed on its patents. FULL STORY >

Facebook purchases mobile bookmarking service Spool. FULL STORY >

The Amazing Spider-Man swings its way back onto the big screen after a five year absence. Can it amaze, and finally do the titular hero justice? FULL STORY >

In this week's Gaming News Round-up: Valve kicks off a Steam summer sale, whilst Bioware shares details of Mass Effect 3 DLC. FULL STORY >

Nielsen reveals its newest stats surrounding the mobile phone market in the US. FULL STORY >

Some of Apple's Mac range will apparently not be able to accommodate Mountain Lion when it becomes available this month. FULL STORY >

Losing a USB flash drive with sensitive data stored onboard can cause serious headaches. Kingston Technology is paying attention to this problem with the release of its DataTraveler Locker secure USB flash drive for consumers. FULL STORY >

Nikon today announced the development of what they are calling a ground breaking super-telephoto, fixed focal length lens to add to its line-up of full frame FX NIKKOR lenses. FULL STORY >

Nokia delivers its top of the line smartphone in the Lumia range, boasting a 4.3 inch display, snappy CPU and capable snapper, but is it good enough to take on the Galaxy S3 and HTC's One X? FULL STORY >

Twitter brings new features to the latest versions of its mobile app for Android-based mobile devices and the iPhone. FULL STORY >

Microsoft is acquiring multi-touch touchscreen maker and software development firm Perceptive Pixel. FULL STORY >

Nuance Communications will be making its Dragon Drive! Messaging functionality available within certain BMW vehicles. FULL STORY >

We would like apologise for a mistake that occurred in the latest issue of TechSmart, Issue 106, July 2012. On page 12 we published a review of the Asus Transformer Pad Infinity with the wrong picture - that of the Asus Transformer Pad. FULL STORY >

Vodacom announces the launch of its new all-in-one smart plans for smartphone users. FULL STORY >